# Nanonets: Information technology & services, San Francisco, United States

> Nanonets: Nanonets is an AI-driven company based in San Francisco, founded in 2017. Based in San Francisco, United States. Founded 2017.

Source: https://millionrounds.com/startup/nanonets (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# Nanonets

Nanonets is an AI-driven company based in San Francisco, founded in 2017.

Funding reported Last round: Series B

Information technology & services San Francisco, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 130 51 to 200 people
- **Funding reported:** $41M in dollars
- **Last round:** Series B Mar 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Nanonets has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Nanonets

Nanonets is an AI-driven company based in San Francisco, founded in 2017.

The company focuses on automating document processing and data extraction workflows, helping businesses save time and reduce costs without the need for coding. Nanonets serves over 10,000 customers globally, including around 34% of Fortune 500 companies. The company offers a Document Processing Platform, Workflow Automation Tool, and AI Agent Platform that convert unstructured documents into structured data. Key capabilities include Intelligent Document Processing (IDP) for extracting data from complex documents, customizable machine learning models, and API integration for developers. Nanonets also provides mobile SDKs for iOS and Android, enabling instant inference on devices. Their solutions automate various business processes, such as accounts payable and invoice processing, delivering structured data to enterprise systems like SAP and Salesforce.

## What company datasets say Nanonets raised

Funding, as reported

Reported in all **$41M** in dollars

Rounds **4**

Last round **Series B**

Last round size **$29M**

Last round date **Mar 2024**

Investors listed **23**

Y Combinator **W17**

## On 3 portfolio pages

Investors who name them

- [Mainspring Capital Partners](https://millionrounds.com/fund/mainspring-capital-partners)
- [Duro Ventures](https://millionrounds.com/fund/duro-ventures)
- [GP Partners](https://millionrounds.com/fund/gp-partners-2)

Each firm lists Nanonets on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

real-time processing health care optical character recognition ai training data document workflows deep learning models automated approval workflows enterprise-grade security automated compliance checks salesforce integration financial reconciliation no-code automation platform kyc automation ai decision engines distribution secure data handling

Built with from their website

Docker Amazon SES Excel Impact OneTrust Tech Risk & Compliance AWS Trusted Advisor Atlassian Google Cloud QuickBooks Google Workspace Hugging Face

+8 more

CloudFlare IBM ILOG CPLEX Optimization Studio Amazon Simple Email Service SentenceTransformers PostgreSQL.NET PyTorch AWS Analytics

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 51321, SIC 7375
- **Region:** California
- **Revenue:** $100M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/nanonets)

## Information technology & services in United States

Startups like it

- [**Databricks** San Francisco · founded 2013 *Raised*](https://millionrounds.com/company/databricks)
- [**Waymo** Mountain View · founded 2009 *Raised*](https://millionrounds.com/company/waymo)
- [**Crusoe** Denver · founded 2018 *Raised*](https://millionrounds.com/company/crusoe)
- [**Cursor** San Francisco · founded 2017 *Raised*](https://millionrounds.com/company/cursor)
- [**Thinking Machines Lab** San Francisco *Raised*](https://millionrounds.com/company/thinking-machines-lab)
- [**Cognition** San Francisco *Raised*](https://millionrounds.com/company/cognition)
- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

## Is this your company?

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